Should ‘Swadeshi’ companies have to share with farmers the huge profits and benefits they derive from selling India’s bioresources as their ‘herbal’ and ‘ayurvedic’ products? Or are only ‘foreign companies’ required to provide monetary and non-monetary benefits to the people who grow, protect and conserve India’s biodiversity? Baba Ramdev’s Patanjali conglomerate, with a self-declared annual revenue of more than Rs 100 billion, contends that state authorities do not have the power to collect such a levy from it ...
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First Published: Wed, May 09 2018. 13:37 IST
